911 insurance fraud

What the media are not saying
Post Reply
User avatar
Gandalf
Posts: 21
Joined: Thu Jul 10, 2008 6:05 pm
Location: The Shire

911 insurance fraud

Post by Gandalf » Sun Oct 12, 2008 9:02 pm

9/11 testimony censored

Witness forbidden to mention attack in quoting defendant calling destroyed files Symbol's 'lucky break'

"A former executive at Symbol Technologies said the company got "a lucky break when {its} documents were destroyed on 9/11" in the attack on the World Trade Center, according to a government witness in the fraud trial of that executive and two others.
But the jury in federal court in Central Islip never got to hear the witness' entire statement yesterday because the judge overseeing the trial ruled it was too inflammatory to bring a mention of the terrorist attack into a securities-fraud case.
The Symbol records involved had been subpoenaed by the Securities and Exchange Commission as part of a civil investigation into the company finances and were stored in the commission's office in 7 World Trade Center. They were among hundreds of cases of files destroyed when the building collapsed after the attack on the adjacent Twin Towers." -Newsday (01/14/06)



"Aimed at the world's financial heart, the Sept. 11 terrorist attacks were designed to throw capitalism into chaos. In one respect they succeeded: Millions of crucial documents were vaporized in the tragedy, and the process of sorting the losses out has been difficult and has included charges of opportunism.
A Citigroup lawyer, for instance, recently told a congressional committee looking into the bank's role in the WorldCom mess that she couldn't provide them with all the information they sought because some of it was destroyed in the attack on the World Trade Center.
"Some further email records the committee has requested cannot be retrieved," wrote Citigroup Deputy General Counsel Jane Sherburne in an Aug. 7 letter to House Committee on Financial Services. "The backup tapes for external emails from September 1998 through December 2000, and for a short time period in September 2001, were lost when the building in which they were stored (7 World Trade Center) was destroyed in the terrorist attack on September 11, 2001."
Maybe no financial institution lost more critical documents than the Securities and Exchange Commission, which had its New York regional office at 7 World Trade Center. While the regulatory agency was fortunate in that it lost no employees in the terror attacks, it suffered setbacks in a number of long-running securities investigations.
In August, defense lawyers for several former executives of Rite Aid, who've been charged by the SEC with fraud and obstruction of justice, filed a motion seeking a delay in the trial, claiming some of the documents gathered by the SEC had been lost in the attack. SEC attorneys contend many of the original copies of those documents still exist at other locations but acknowledge it will take time to reconstruct all the evidence in the case.
The SEC says the main problem it encountered was that an index for the documents in the Rite Aid case was destroyed in the attack -- not necessarily the documents themselves.
A similar reconstruction of evidence had to take place in a decade-old insider trading case against several former executives of Motel 6, a chain of low-cost motels. The SEC settled the case against the remaining defendants in June. But before that could occur, it had to obtain a court order directing the lawyers for some of the defendants to assist the SEC in reconstructing files "that were destroyed due to the events of Sept. 11, 2001."
In the Motel 6 case, the four remaining defendants, without admitting or denying the insider-trading charges, entered into a settlement with the SEC in which they agreed to pay fines and penalties totaling $798,000. In all, the 10-year case netted $6.36 million in fines, penalties and disgorged profits for the SEC.
SEC officials won't discuss how many cases may have been impacted by the terror attacks, but they claim the lost information was limited to two weeks' worth of data stored on the agency's computers that hadn't yet been backed up.
But it's clear from talking to securities lawyers who practice before the SEC that things haven't gone as smoothly as the agency would like the public to believe.
"Regardless of what the regulators say, they lost a ton of files," says Bill Singer, a New York securities lawyer, who says one case he had pending before the SEC quickly settled because so many of the original documents were destroyed. "In my opinion it was a wholesale loss of documents." -TheStreet.com (9/09/02)
"Humanity is asleep, concerned only with what is useless, living in a wrong world....Do not prattle before the People of the Path, rather consume yourself. You have an inverted knowledge and religion if you are upside down in relation to Reality. Man is wrapping his net around himself. A lion (the man of the Way) bursts his cage asunder."

User avatar
Gandalf
Posts: 21
Joined: Thu Jul 10, 2008 6:05 pm
Location: The Shire

Post by Gandalf » Sun Oct 12, 2008 9:03 pm

SEC & EEOC:
Attack Delays Investigations

By Margaret Cronin Fisk
National Law Journal
September 17, 2001

Additional details emerged Friday about the effect of the collapse of 7 World Trade Center on investigations being conducted by the New York offices of the Securities and Exchange Commission and the Equal Employment Opportunity Commission, both of which were housed in the building.

The SEC has not quantified the number of active cases in which substantial files were destroyed. Reuters news service and the Los Angeles Times published reports estimating them at 3,000 to 4,000. They include the agency's major inquiry into the manner in which investment banks divvied up hot shares of initial public offerings during the high-tech boom.

The EEOC said documents from about 45 active cases were missing and could not be easily retrieved from any backup system. One of these cases was a sexual harassment charge filed on Sept. 10 against Morgan Stanley, one of the prime corporate victims of the World Trade Center disaster.

A statement from the commission said that "we are confident that we will not lose any significant investigation or case as a result of the loss of our building in New York. No one whom we have sued or whose conduct we have been investigating should doubt our resolve to continue our pursuit of justice in every such matters."

But the short-term problems will be immense, said Gregory Joseph of New York's Law Offices of Gregory Joseph.

"Court papers can largely be reconstituted, but work product has to be reconstructed," he said. "This will cause delays in court and will require significant reduplication of effort." Some data, he added, "won't be recreatable."

"Ongoing investigations at the New York SEC will be dramatically affected because so much of their work is paper-intensive," said Max Berger of New York's Bernstein Litowitz Berger & Grossmann. "This is a disaster for these cases."

"The SEC will have some difficulty, but the bounce-back will come relatively easily," predicts Harvey Goldschmid, Dwight professor of law at Columbia University and former general counsel of the SEC. "It will throw things off for a period of time, but most of what's important can be regained. They will have to reconstruct these documents. But most of this was backed up or in Washington. They've lost some transcripts but even they're available."

EEOC Records Destroyed

The EEOC's New York office, which was housed in 7 World Trade Center, sustained no loss of life. But all the agency's records were destroyed.

Many of the files are backed up in the computer system, but a substantial number of documents are simply gone, said Spencer Lewis, the EEOC district director. Depositions and notes were not scanned into computers and are lost. With depositions and interviews, the agency will be contacting court reporters "and hoping that they've got them so we can reconstruct files," Lewis said. This covers about 45 active cases, including a recent action against Morgan Stanley.

But employment litigators believe the effect here, too, will be transitory.

"The EEOC is decimated as far as office space goes," but any problems are "only short-term," said Michael Weber of the New York office of Littler Mendelson. "They will get back to business." The agencies will be seeking documents from the private law firms and defendants, Weber notes. "My sense is that we will cooperate," he noted. "Our goal is not to take advantage of this catastrophe."

"A lot of their records they'll have online, so they'll just reprint them out," adds Harkins. "The EEOC is in a better position than the SEC, because the SEC has a lot more confidential files."
"Humanity is asleep, concerned only with what is useless, living in a wrong world....Do not prattle before the People of the Path, rather consume yourself. You have an inverted knowledge and religion if you are upside down in relation to Reality. Man is wrapping his net around himself. A lion (the man of the Way) bursts his cage asunder."

User avatar
Gandalf
Posts: 21
Joined: Thu Jul 10, 2008 6:05 pm
Location: The Shire

Post by Gandalf » Sun Oct 12, 2008 9:03 pm

http://devilsavocado.gnn.tv/blogs/14745 ... ng_The_Fan

9/11 – Bank Buys Broker for CONCEALED DEMOLITION
Posted by: ricksiegel on Wednesday, April 05, 2006 – 09:02 AM 3699 Reads

In an open letter from David Hawkins to the London Market insurance brokers committee the cause for murder and fraud is laid out for the Trade Center destruction. As the onslaught of information about the destruction of the three towers on Sept. 11, 2001 the idea that the government is complicit becomes more apparent.

From:
David Hawkins,
Forensic Economist, Foundation Scholar, Cambridge University
British Columbia, Canada Tel: 604-542-0891

An open e-mail letter to:

David Hough, Executive Director
London Market Insurance Brokers’ Committee

Copy:
Judi McLeod, Founder Editor, Canada Free Press
www.canadafreepress.com/

Steven Jones
Professor of Physics, Brigham Young University
Co-chair of Scholars for 9/11 Truth

Jim Fetzer
Distinguished McKnight University Professor of Philosophy
Co-chair of Scholars for 9/11 Truth www.st911.org/

Bcc

Date of sending: April 3, 2006

Dear Mr. Hough

Re: 9/11 – Bank Buys Broker for Concealed Demolition

In my e-mail to you titled, “Citigroup-AMEC 9/11 insurance fraud on Lloyd’s of London?�, I suggested that “Lloyd’s convert its civil action in respect of alleged negligence by Citigroup-AMEC [in an alleged diesel-fueled fire leading to the destruction of WTC#7] into a RICO* suit in respect of apparent racketeering [including solicitation to murder], extortion, arson and insurance frauds ..�
(Full text of letter at www.st911.org/ some excerpts below)

RICO* – Racketeering Influenced and Corrupt Organization

We remind you that Lloyd’s et al. have sued Citigroup-AMEC et al. in respect of the destruction of WTC#7 which with WTC#1 and 2, became the first three steel-framed buildings in history to collapse through fire on 9/11.

One of the directors of Citigroup is the disgraced former director of the C.I.A., John Deutch. Mr. Deutch is a director of Raytheon where he helped to destroy ‘Able Danger’ counter-intelligence data-mining evidence pointing at Mohammed Atta’s and the other al-Qaeda cells in America a year before 9/11.
www.abledangerblog.com/20…chart.html

Deutch’s Citigroup is now arranging credit of $25 billion to help Cerberus Capital Management buy GMAC, the mortgage broker which allowed WTC leasholder, Larry Silverstein, to structure an alleged ‘double occurrence’ insurance fraud.
biz.yahoo.com/ap/060403/g….html?.v=9

Post 9/11, Mr. Silverstein claimed damages for two buildings (WTC# 1 & 2) but the, together with his Citigroup-AMEC and GMAC advisors, must have concealed from the court their prior knowledge that at least three WTC buildings (#1, 2 & 7) had been rigged for demolition with explosives and/or incendiaries.

If Mr. Silverstein did not know that the three WTC buildings were so rigged, he could not meaningfully have agreed with the officers of the New York Fire Department to ‘pull’ WTC building 7.
www.prisonplanet.com/011904wtc7.html

‘Pull’ is industry jargon for taking a building down with explosives.

To secure the WTC mortage, GMAC appears to have bought leaseholder-owned life insurance policies from Groupe Axa on behalf of mortgage investors, including, we suggest, Citigroup and various New York City Pension Funds (“NYPF�) such as NY’s Fire Department Pension Fund (“FDPF�) and its Firefighters’ Variable Supplements Fund (“FFVSF�), the latter being responsible for maximizing the retirement benefits of senior officers in the City fire department.
www.axa-financial.com/pre…ement.html

Around March 2000, these New York City Pension Funds were plaintiffs in what we consider was a Mafia-directed racketeering class action suit* against Orbital Sciences of Dulles VA.

* In the United States District Court for the Eastern District of Virginia,


Alexandria Division (Civil Action No. 99-197-A Jury trial demanded)

The NYPF suit appears to have been designed to extort mob control over war-gaming and insured-mortgage decision support technologies of Macdonald Dettwiler and Associates (‘MDA’) of Richmond, British Columbia, Canada.
www.mdacorporation.com/sy…ence.shtml
www.mdacorporation.com/ne…50301.html
www.mdacorporation.com/ne…10301.html

Following an out of court settlement, Orbital handed control of MDA to the CAI Private Equity group, custodian of the NYPF and many other labor union pension and insurance funds, thereby allowing 50 “prominent individuals� with CAI, Citigroup, GMAC and insiders to ‘stage’ hijackings for the 9/11 attack but conceal the subsequent demolitions in support of bogus insurance claims.
www.caifunds.com/specialinvestors.html
www.caifunds.com/successs…#macdonald

After 9/11, CAI, Citigroup, GMAC and their affiliates in Groupe AXA appear to have collected death certificates from families of dead firefighters and paid out “dead-firefighter� life insurance policies to victims’ pension fund.
www.axa-financial.com/pre…ement.html

Deutch’s Citigroup and GMAC appear to have conspired to use racketeering loans to finance 9/11 hijackings during bogus NORAD war games and divert attention from concealed demolitions and organized securities and insurance frauds.

New York firefighters with other City labor union members who missed, escaped or survived the 9/11 attacks, involuntarily profited from the deaths of their colleagues through AXA payments into their union pension and insurance funds.

City pension fund members are now at risk of being accused of participating in the 9/11 crimes and are therefore targets for racketeering and extortion.

We believe that Citigroup is buying GMAC to protect insider knowledge of the concealed demolitions of WTC buildings #1, 2 and 7 and the RICO activities of the CAI Private Equity Group members, who appear to be engaged directly or indirectly in murder, arson, racketeering and insurance frauds.

Once again, we invite you to forward this to your contacts at Lloyd’s for consideration of a RICO suit against CAI’s “50 prominent individuals� including the 9/11 insiders at Citigroup the bankers and GMAC the brokers.

Yours sincerely,

David Hawkins
British Columbia, Canada Tel: 604-542-0891

Notes:
“9/11 – Bank Buys Broker for CONCEALED DEMOLITION�

Silverstein’s lawyers referred to .. near-simultaneous burnings four different courthouses by deranged man constituted ‘multiple events .. Silverstein .. and partners .. borrowed $563 million from GMAC .. agreement to use insurance proceeds to pay off lender in trade center deal, the GMAC Commercial Mortgage Corporation�
www.greatgridlock.net/NYC/nycpress.html

“The World Trade Center leaseholder has won a court victory over his insurers .. A New York jury has decided that the 11 September 2001 attack on the two towers constituted two separate events. The US District Court ruling means Larry Silverstein could now get an extra $1.1bn (£0.56bn) from nine insurers to finance reconstruction. He has been fighting the insurance companies, arguing he was owed $7bn (£3.6bn) – double his $3.5bn policy.�
news.bbc.co.uk/1/hi/business/4075053.stm

...

Exceprts from, “9/11 – A Citigroup-AMEC insurance fraud on Lloyd’s of London?
..
by David Hawkins, Foundation Scholar, Cambridge University, Founder of the
Citizen’s Association of Forensic Economists at Hawks’ CAFE ..

“An open e-mail letter to: David Hough, Executive Director London Market Insurance Brokers’ Committee�

...

“Underwriters at Lloyd’s have an ongoing action to recover damages in respect of the alleged negligence by Citigroup Construction Defendants—AMEC PLC et al. (“Citigroup-AMEC�) which defendants allegedly caused damage to a substation underneath World Trade Center building 7, that substation being the property of a Lloyds’ insuree, Consolidated Edison Company of New York, Inc. (“Con Ed�).
www.total911.info/city_sj_motion.pdf

Lloyd’s, with others, allege that Citigroup-AMEC was negligent in designing and installing the 7WTC water mains which ruptured and prevented firefighting and the 7WTC diesel generators, fuel lines and tanks which malfunctioned and fed fires causing an ‘implosion’ of the Con Ed substation.

...

We allege the Citigroup-AMEC partners sabotaged the diesel generators to feed fires lit by arsonists on the 11th, 12th or 13th floors of WTC7 where the Securities & Exchange Commission lost between 3,000 to 4,000 files. The SEC files contained evidence of insider trading by Citigroup-AMEC investment bank partners in the shares of initial public offerings during the high-tech boom. The House Financial Services Committee was seeking information about the treatment Citigroup’s Salmon Smith Barney investing banking division may have given WorldCom executives. Salomon had offices in 7 World Trade Center and Citigroup says back-up tapes of corporate emails from September 1998 through December 2000 were stored at the building and destroyed in 9/11. Citigroup subsequently paid $2.65 billion to the settlement class which purchased WorldCom securities during the period from April 1999 through June 2002.
www.thestreet.com/markets…36925.html
www.citigroup.com/citigro…40510a.htm

At 5:20 p.m. on 9/11, 7 World Trade Center collapsed in its own footprint at a speed slightly slower than free fall under gravity in a manner consistent with a controlled demolition. Molten steel and partially evaporated steel members were found in the debris pile of WTC #1, 2 and 7. The thermal signature of 32 hot spots, 5 days and 10 days after the collapse, is consistent with all the buildings being rigged for demolition with an incendiary such as thermite.

We allege that the Citigroup-AMEC partnership now conspired to remove and destroy evidence of arson before filing bogus property insurance claims in an arrangement with Larry Silverstein and Silverstein Properties, including a claim for a double payment for the destruction of the Twin Towers. “Griffin quotes court documents to the effect that Silverstein had only $14 million invested in the insurance deal for the Twin Towers (compared to 50 times as much by his [off-book] lenders) through limited liability investment vehicles.�

9-11-inquiry.blogspot.com…oking.htm
"Humanity is asleep, concerned only with what is useless, living in a wrong world....Do not prattle before the People of the Path, rather consume yourself. You have an inverted knowledge and religion if you are upside down in relation to Reality. Man is wrapping his net around himself. A lion (the man of the Way) bursts his cage asunder."

Post Reply